SYS-CON MEDIA Authors: Pat Romanski, Gary Arora, Zakia Bouachraoui, Yeshim Deniz, Liz McMillan

News Feed Item

Garuda Indonesia Ends 2013 with an Operating Revenue of USD 3.72 Billion



- Passenger and cargo volume transported increased by more than 20 percent
- Garuda successfully paid off debt amounting to USD 130 Million



Jakarta, Indonesia, Feb 11, 2014 - (ACN Newswire) - Meanwhile Operating Income decreased by 66.4 percent, amounting to USD 56.4 million, compared to the amount of USD 168.1 million received in 2012. Income for the period also declined from USD. 110.8 million in 2012 to USD 11.2 million in 2013.

Garuda Indonesia President & CEO, Emirsyah Satar, said that Garuda Indonesia's financial performance in 2013 was influenced by rupiah's decline against the US dollar. Besides, in 2013 Garuda also focused on funding new airplanes to support increasing operations-for either Garuda or Citilink. "Apart from that, despite receiving less in income, in 2013 Garuda managed to pay off debt amounting to a total of USD 130 million; consisiting of USD 55 million from Citi Club Deal-1, and USD 75 milion from Indonesia Exim Bank" added Emir.

In 2013, Garuda Indonesia transported 25 million passengers; an increase of 22.3 percent compared to the 20.4 million passengers in 2012. Production capacity (availability seat kilometer/ASK) in 2013 also increased by 19.8 percent, from 36 billion in 2012 to 43.13 billion in 2013. Garuda Indonesia also succeeded in increasing cargo volume to 345.923 tons, a rise by 23.4 persen from last year's 280.285 tons. Passenger "yield" declined (6.1 persen) from USc 9.65 in 2012 to USc 9.1 in 2013.

Throughout 2013, Garuda Indonesia's domestic and international flight frequencies also experienced an increase by 28.1 percent from 153,266 flights in 2012 to 196,403 flights.

Meanwhile, as it continues to carry out network and fleet expansion throughout 2013, Garuda Indonesia managed to maintain Aircraft Utilization at 10:44 hours. Seat Load Factor/SLF reached 74.1 percent, a slight declline compared to last year's 75.9 percent and On Time Performance (OTP) in 2013 reached 83.8 percent, compared to 84.9 percent last year.

In 2013, Garuda Indonesia international market share was 23.5 percent; whereas in previously in 2012 reached 24.1 percent. Meanwhile, market share for domestic passengers in 2013 was 28 percent, a slight decrease compared ro last year's 28.2 percent.

In 2013, Garuda Indonesia Group received 36 new aircraft consisting of four (4) Boeing 777-300 ER, two (2) Airbus A330-200, one (1) Airbus 330-300, ten (10) Boeing 737-800 Next Generation, seven (7) Bombardier CRJ-1000 NextGen, two (2) ATR 72-600, dan ten (10) Airbus A320 for Citilink, making the total number of aircraft in operation throughout 2013 140 airplanes of aged on average 5 years old.
Operational Expansion and Improved Service in 2013

In line with the growth in the domestic and international airline markets, in 2013 Garuda opened several domestic and international services, such as Bandung - Denpasar, Batam - Pekanbaru, Balikpapan - Banjarmasin, Balikpapan - Menado, Balikpapan - Berau, Jakarta - Bengkulu, Jakarta - Tanjung Pandan, Jakarta - Tanjung Pinang, Makassar - Sorong - Manokwari - Jayapura, and Surabaya - Singapore, Denpasar - Brisbane, Jakarta - Osaka, and Jakarta - Perth.

Through a partnership with Etihad Airways, in 2013 Garuda increased service to six new destinations in Europe and the Middle East served by the United Arab Emirate carrier, namely to Frankfurt, Brussels, Milan, Dusseldorf, Munich, and Bahrain.

In May 2013, Garuda opened its Medan hub to serve fllights (increase connectivity) in the western region of Indonesia. Through this Medan hub, Garuda Indonesia serves direct flights from Medan to the surrounding cities, such as Pekanbaru, Batam, Palembang, Padang, Aceh and Penang. To serve flights out the Medan hub, Garuda operates the CRJ1000.

In July 2013, Garuda introduced a "New Service Concept" that brings "First Class" service on board its new Boeing 777-300 ER fleet, as well as new and improved "Executive Class" and "Economy Class" services.

As part of efforts to strengthen its network in the domestic sector, in November 2013, Garuda Indonesia introduced the sub-brand, "Explore" - following the addition of the ATR72-600 turboprop in the airline's operational fleet. Besides the "Explore" sub-brand, Garuda Indonesia also launched the "Explore Jet" sub-brand with the operation of a Bombardier CRJ1000 NextGen fleet since October 2012 to serve Garuda Indonesia flights in the eastern and western regions of Indonesia.

Awards and Appreciation in2013

In line with the airline's continuous business transformation program, in 2013 Garuda Indonesia once again was awarded with narious appreciations and awards in the field of Service, Operational, Human Resources Development, and Good Corporate Governance, amounting to a total of 82 awards - 59 local awards, and 23 international awards.

During the "Paris Airshow" n June 2013, Garuda was named the"World's Best Economy Class 2013" and "Best Economy Class Airline Seat 2013"from Skytrax - an independent airline ranking organization based in London. Garuda Indonesia also ranked eighth out of ten top world airlines by SkyTrax.

Furthermore, throughout 2013 Garuda Indonesia also received several international awards, such as the "Asia Pacific Airline Food Awards 2012" as "The Best Long-Haul Airline Food" and "Top 5 Short-Haul Airline Food" from Skyscanner, "The Best Airline Hajj Season 1433H/2012" from the General Authority of Civil Aviation (GACA) King Abdul Aziz International Airport, "ASEAN Premium Airline of the Year" from Frost & Sullivan, and "Domestic Airline of the Year 2012" in the Customer Satisfcation Award by Roy Morgan. Garuda Indonesia was also ranked seventh in the list of "20 Best Airline in the World" released by US business and technology magazine, Business Insider.

Throughout 2013, Garuda Indonesia received several awards in the country , such as "The Most Admired Company 2013" for the category of "Infrastructure, Utilities, and Transportation" and "Top 3 The Most Admired Companies 2013" in the Cross Sector Industry from the Fortune Indonesia magazine, "Contact Center Service Excellence Award 2013" from Carre - Center for Customer Satisfaction & Loyality , "Indonesia Service to Care Award 2013" from Marketeers - Markplus Insight, "Aksi Untuk Bumi 2013" (Action for Earth) award in the business category from WWF Indonesia and Komunitas Earth Hour Indonesia, and an award for SBU Garuda Cargo participation's in ensuring the successful implementation of the system, National Single Window (NSW) Airportnet Soekarno-Hatta International Airport in support of the Indonesia National Single Window (INSW) from the Minister of Communication of the Republic of Indonesia.

Meanwhile, several international institutions acknowledged Garuda Indonesia's GCG implementation by presenting Garuda with the following awards: "1st Rank Top 100 Annual Reports Worldwide", "1st Rank (Platinum Award) category Aerospace & Defence", "1st Rank (Platinum Award) category Transportation & Logistics", "Special Achievement Award: The Most Engaging Annual Report (Platinum) Worldwide" in the "2011/2012 Vision Awards Annual Report Competition" by the League of American Communications Professionals (LACP).

Corporate Plans 2014

In line with Garuda's program to become a 'global player', in March 2014 Garuda will officially join SkyTeam global alliance. With Garuda's entry into the global alliance, customers will be offered broader network and services to 1.024 destinations worldwide.

As part of the fleet expansion program, in 2014 Garuda Indonesia plans to welcome 27 new aircraft consisting of two (2) B777-300 arcraft, four (4) A330 aircraft, twelve (12) B738 aircraft, three (3) CRJ aircraft, and six (6) ATR 72-600 aircraft. Thanks to the new fleet, by the end of 2014 Garuda will have a fleet of aircraft aged an average of 4.5 years.

As part of efforts to develop its flight network, in 2014 Garuda will open several new international routes to London, Manila and Mumbai.

In addition, this year Garuda will complete Citilink's IPO, the acquisition of Gapura Angkasa, and a dedicated terminal in Denpasar. This year, Garuda Maintenance Facilities (GMF) will operate a new hanggar- which can accommodate up to 16 narrow-body aircraft for maintenance.

About PT Garuda Indonesia (Persero) Tbk.

Garuda Indonesia is the "flag carrier" of Indonesia operating 126 aircraft (per H1-2013) to serve 39 domestic destinations and 20 international destinations across Southeast Asia (Kuala Lumpur, Penang, Singapore, and Bangkok), the Middle East (Jeddah and Abu Dhabi), Asia (Tokyo, Osaka, Beijing, Shanghai, Guangzhou, Hong Kong, Taipei, and Seoul), Australia (Sydney, Melbourne, Perth, and Brisbane), and Europe (Amsterdam), out of its four hubs in Indonesia, namely Jakarta, Denpasar, Makassar, and Medan. In line with improvements in various aspects of its performance and service, Garuda Indonesia has won a number of accolades and recognition from both national and international institutions, including "The World's Best Economy Class" award from Skytrax in June 2013 and the "Best in Region: Asia and Australasia", by the "Airline Passenger Experience Association (APEX)", in September 2013. For more information, please visit www.garuda-indonesia.com.

Source: PT Garuda Indonesia (Persero) Tbk.

Contact:
PT Garuda Indonesia (Persero) Tbk.
Pujobroto   
VP Corporate Communications
T: +62 21 2560 1068
E: [email protected]

 




Copyright 2014 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
On-premise or off, you have powerful tools available to maximize the value of your infrastructure and you demand more visibility and operational control. Fortunately, data center management tools keep a vigil on memory contestation, power, thermal consumption, server health, and utilization, allowing better control no matter your cloud's shape. In this session, learn how Intel software tools enable real-time monitoring and precise management to lower operational costs and optimize infrastructure...
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software with the simplicity and reach of the open web. With staff in 10 timezones, Isomorphic provides a global network of services related to our technology, with offerings ranging from turnkey application development to SLA-backed enterprise support. Leadin...
While a hybrid cloud can ease that transition, designing and deploy that hybrid cloud still offers challenges for organizations concerned about lack of available cloud skillsets within their organization. Managed service providers offer a unique opportunity to fill those gaps and get organizations of all sizes on a hybrid cloud that meets their comfort level, while delivering enhanced benefits for cost, efficiency, agility, mobility, and elasticity.
DevOps has long focused on reinventing the SDLC (e.g. with CI/CD, ARA, pipeline automation etc.), while reinvention of IT Ops has lagged. However, new approaches like Site Reliability Engineering, Observability, Containerization, Operations Analytics, and ML/AI are driving a resurgence of IT Ops. In this session our expert panel will focus on how these new ideas are [putting the Ops back in DevOps orbringing modern IT Ops to DevOps].
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understa...
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Most organizations are awash today in data and IT systems, yet they're still struggling mightily to use these invaluable assets to meet the rising demand for new digital solutions and customer experiences that drive innovation and growth. What's lacking are potent and effective ways to rapidly combine together on-premises IT and the numerous commercial clouds that the average organization has in place today into effective new business solutions.
Concerns about security, downtime and latency, budgets, and general unfamiliarity with cloud technologies continue to create hesitation for many organizations that truly need to be developing a cloud strategy. Hybrid cloud solutions are helping to elevate those concerns by enabling the combination or orchestration of two or more platforms, including on-premise infrastructure, private clouds and/or third-party, public cloud services. This gives organizations more comfort to begin their digital tr...
Keeping an application running at scale can be a daunting task. When do you need to add more capacity? Larger databases? Additional servers? These questions get harder as the complexity of your application grows. Microservice based architectures and cloud-based dynamic infrastructures are technologies that help you keep your application running with high availability, even during times of extreme scaling. But real cloud success, at scale, requires much more than a basic lift-and-shift migrati...
David Friend is the co-founder and CEO of Wasabi, the hot cloud storage company that delivers fast, low-cost, and reliable cloud storage. Prior to Wasabi, David co-founded Carbonite, one of the world's leading cloud backup companies. A successful tech entrepreneur for more than 30 years, David got his start at ARP Instruments, a manufacturer of synthesizers for rock bands, where he worked with leading musicians of the day like Stevie Wonder, Pete Townsend of The Who, and Led Zeppelin. David has ...
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understa...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Addteq is a leader in providing business solutions to Enterprise clients. Addteq has been in the business for more than 10 years. Through the use of DevOps automation, Addteq strives on creating innovative solutions to solve business processes. Clients depend on Addteq to modernize the software delivery process by providing Atlassian solutions, create custom add-ons, conduct training, offer hosting, perform DevOps services, and provide overall support services.